Tether Steps Back From a $20 Billion Raise, Exposing the New Power of “Digital Dollars”

2026-02-04 - 12:15

Key Points Tether is downshifting earlier talk of a $15–$20 billion fundraise that implied a valuation up to $500 billion. The company’s profit claims, reserve strategy, and growing gold allocation help explain why the valuation debate turned explosive. The bigger story is political and financial: supporters see faster private money; critics see a shadow central